"We’re developing our business in line with our strategy towards a multi-project model, which helps us release high-quality games to the global market more often," said Remedy CEO, Tero Virtala.

The developer also believes an IPO or market listing will put it in a better position to retain ownership over its intellectual properties, giving it the means to build a long-term business model around game brands.

"A successful game requires experience and skill to build a sustainable brand as well as comprehensive game development competence and the ability to commercialize games throughout their life cycles," added company founder Markus Mäki. "You also need great business relations and solid funding to support all of this."